“A trend you will start to seeing in the next 3–6 month in Asia is that, in these large tech companies in Korea, Japan, China, they will come up with their so called “blockchain solutions”. Most of these are private blockchains, but they have the keys to 300mn to 500mn people, and they will onboard these hundreds of millions of people onto what they say is the blockchain.

This is something I’ve been thinking about, which is the entire crypto space around the world is more or less around 60mn people currently, and we have come to recognize that Bitcoin is crypto and Ethereum is crypto, and that it means a distributed ledger. But I think these conversations will be challenged in the 3–6 months by these big companies saying “no no no, that’s not blockchain”, THIS is “blockchain”. And their perspective of blockchain may actually be much different. “

-One of the many great insights from Benny Giang, co-founder of Cryptokitties, during his conversation with Global Coin Research. Save the podcast now so you won’t forget to listen to it. We also have the conversation slightly less edited in video, available on Youtube.

🇰🇷 Korea has revealed a new crypto regulatory framework and guidelines pertaining to AML and KYC requirements for exchanges. It’s investigating into three major banks and having banks alert suspicious fund movements to avoid the “kimchi premium” from happening. It also believes that its real-name system have been effective in reducing the “kimchi premium”.

This upcoming week, Joyce from Global Coin Research will be at the Techcrunch’s Blockchain conference in Zug from Wednesday to Friday. Guests will include Vitalik and CZ. If you happen to be there too, we would love to meet! And if you haven’t known about this before, follow us on Twitter as we will be sharing live highlights, selfies and takeaways from the conference.